Sodium Triphosphate Price in Jordan - 2022

Contents:

  1. Sodium Triphosphate Price in Jordan (CIF) - 2022
  2. Sodium Triphosphate Price in Jordan (FOB) - 2022
  3. Sodium Triphosphate Imports in Jordan
  4. Sodium Triphosphate Exports in Jordan

Sodium Triphosphate Price in Jordan (CIF) - 2022

The average sodium triphosphate import price stood at $2,111 per ton in 2022, with an increase of 57% against the previous year. Overall, the import price continues to indicate a strong increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Russia ($2,111 per ton) and Belgium ($2,111 per ton), while the price for China ($2,111 per ton) and Tunisia ($2,111 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Syrian Arab Republic (+26.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Sodium Triphosphate Price in Jordan (FOB) - 2022

The average sodium triphosphate export price stood at $2,287 per ton in 2022, jumping by 86% against the previous year. In general, the export price saw resilient growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($2,287 per ton), while the average price for exports to Free Zones ($2,287 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Syrian Arab Republic (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.

Sodium Triphosphate Imports in Jordan

In 2022, the amount of sodium triphosphate (sodium tripolyphosphates) imported into Jordan reduced sharply to 2.2K tons, with a decrease of -33.8% on 2021. In general, imports recorded a abrupt decline. The pace of growth was the most pronounced in 2021 when imports increased by 76%. As a result, imports reached the peak of 3.4K tons, and then declined significantly in the following year.

In value terms, sodium triphosphate imports expanded slightly to $4.7M in 2022. Overall, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 98% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Sodium Triphosphate in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5706401,4802,95173.0%
Russia28851.759783342.5%
Tunisia6599291,5447524.5%
Belgium24.361.818211467.4%
Kazakhstan270256143N/A-27.2%
Others76734957545.3-61.1%
Total2,5782,2874,5214,69522.1%

Top Suppliers of Sodium Triphosphate to Jordan in 2022:

  1. China (1397.8 tons)
  2. Russia (394.8 tons)
  3. Tunisia (356.4 tons)
  4. Belgium (53.9 tons)

Sodium Triphosphate Exports in Jordan

In 2022, approx. 99 tons of sodium triphosphate (sodium tripolyphosphates) were exported from Jordan; picking up by 193% compared with 2021 figures. Over the period under review, exports showed a prominent expansion. The growth pace was the most rapid in 2021 with an increase of 222%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, sodium triphosphate exports surged to $226K in 2022. In general, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Sodium Triphosphate in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Free Zones7.51.112.1144167.8%
Syrian Arab Republic26.710.020.064.734.3%
Saudi ArabiaN/AN/AN/A17.00%
Iraq11.60.59.2N/A-10.9%
Tunisia14.9N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total60.711.641.422655.0%

Top Export Markets for Sodium Triphosphate from Jordan in 2022:

  1. Free Zones (63.0 tons)
  2. Syrian Arab Republic (28.3 tons)
  3. Saudi Arabia (7.4 tons)

Source: IndexBox Market Intelligence Platform

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